Mitosis develops Ecosystem-Owned Liquidity (EOL), a model that empowers pooled LPs to participate in governance and decide asset allocation strategies for optimal returns. The protocol positions pooled liquidity as a shared ecosystem asset and invites protocols to engage the EOL community to procure liquidity. Mitosis targets the upcoming modular blockchain era, where many sovereign networks will require seamless access to liquidity. The team is running its inaugural Expedition campaign to lead liquid restaking token (LRT) multi-chain expansion; Epoch 1 opened April 25 and reached its TVL cap within an hour, with Epoch 2 set to begin May 2. Mitosis asks participants to deposit eETH to join the ecosystem early and offers technical documentation and community channels for engagement. The company recently secured $7M in funding from leading investors and strategic partners to support product development and expansion.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

May 2024